Reflecting on my Negotiation Skills Abstract Negotiation is an everyday fact of life and it is bound to occur whenever two parties have differing opinions and they need to seek a middle ground. Devoid of communication lines‚ there can be no negotiation. Communication competence can be gauged using five cognitions. These‚ in their order of strength‚ are: planning cognitions‚ consequence cognitions‚ reflection cognitions‚ and presence cognitions. Areas for improvement include not letting my sincerity
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GSM 470 Negotiation and Conflict Management Workshop Section A Instructor: Office: Deborah M. Kolb‚ Ph.D. 3rd Floor‚ 411 Commonwealth Avenue Contact Information: 521-3871 (telephone) kolb@simmons.edu Office Hours: Thursday: 3:00-5:00 and by appointment Negotiation and conflict resolution are becoming more important in organizations today. In the past‚ you probably would use negotiation and conflict resolution skills only if your job entailed formal dealings with unions‚ suppliers‚ and customers
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The Role of Power in Negotiation Power: It has received this reputation because most people associate the word with one side dominating or overpowering the other. I define power as the ability to influence people or situations. With this definition‚ power is neither good nor bad. It is the abuse of power that is bad. Interpersonal Power French and Raven (1959:150-167) suggested five interpersonal bases of power that are important to negotiators. • Legitimate power • Reward
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Reflection Journal: TEXOIL CASE Summer 2015 For the Texoil negotiation‚ I was assigned the role of the Service Station Owner. As such‚ my main objective was to sell the station and get the best possible agreement. My BATNA was $518‚000‚ which accounted the present and the next two years expenses ($478‚000) plus half of the year salary upon return from the trip ($35‚000). My asking price was 650‚000 explaining to Texoil that the market price was around $800‚000. The benchmark was the cost of constructing
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Reflection Paper - Texoil For the Texoil negotiation‚ I was in the role of the Service Station Owner. As such‚ my main objective was to sell the station and get the best possible agreement. My BATNA was $400‚000‚ which represented an offer from British Petroleum and my resistance point was $413‚000 after tax‚ which represented the cost of my trip. My target was $488‚000‚ which included an additional $75‚000 to help tie me over until I found a job upon my return. This resistance point represents
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Negotiation In a Cross-Cultural EnvironmentAmerican versus Japanese By Therese Perlmutter HR595 Negotiation Skills Keller Graduate School of Management Dr. Larry Ray May 10‚ 2005 Table of contents I. Introduction II. III. IV. V. Conclusion VI. References I. Introduction Negotiations always occur between parties who believe that some benefit may come of purposeful discussion. The parties to a negotiation usually share an intention to reach an agreement
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enterprise‚ that of negotiation. It is argued that the stability of contract which results from an earlier application of equitable principals in the negotiating process is just as crucial to integrative bargaining as the desire to increase the pie. With this conclusion‚ it becomes apparent that solutions which encourage integrative bargaining will result in more stable contracts. The increased stability rationale holds true even where there is no increase in the fixed sum negotiation. Integrative bargaining
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Executive Summary: Before coming to negotiation work shop I strongly believed that it is not easy to get achieve Win-Win or Win loss results at every negotiation. That’s made me more excited to attend this work shop. In my personal life‚ people around me believe me that I am a good negotiator/ buyer as “buying research “ is my routine activity. I have been successful most of the time in negotiating good deal for the things I buy in my personal life. When it comes to professional life‚ I
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Influence of Culture on Negotiations Negotiation Elements and Cultural Dimensions adopt a much less confrontational style in order to avoid direct‚ aggressive conflict. These cultures may adopt a more collaborative orientation toward the negotiations. In developing a strategy‚ it must also include levels of risk a party is willing to take for sharing the information‚ revealing positions‚ and general considerations on how to best approach a collaborative negotiation strategy. According to Hofstede
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Reflective Essay on Negotiation Introduction Negotiation is a fact of life.We discuss a raise with our manager‚ we try to agree with a stranger on a price for his goods . Everyone negotiates something every day. This paper discusses my natural preferences for influencing tactics‚ my views on negotiation compared to my prior knowledge‚ my future work on negotiation and some opinions about the role play activity. My natural preferences for influencing tactics At the preparing time I read over
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